Insurance Technology Industry News

[December 14, 2012]

Uptrend Call Working As AMERIGROUP Stock Rises 41.6% (AGP)

Dec 14, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for AMERIGROUP (NYSE:AGP) on June 28th, 2012 at $64.86. In approximately 6 months, AMERIGROUP has returned 41.61% as of today's recent price of $91.85.

Over the past year, AMERIGROUP has traded in a range of $52.79 to $91.90 and is now at $91.85, 74% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children's Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AMERIGROUP shares.Log in and add AMERIGROUP (AGP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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